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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Welcome to your Lake Travis waterfront escape! This beautifully designed 3-bedroom, 2-bath condo is located in Ridge Point within the gated Ridge Harbor community—one of Spicewood’s most desirable addresses. It offers the perfect blend of relaxation, convenience, and investment potential. This section of Ridge Harbor delivers a true lock-and-leave lifestyle and is the only area in the community where short-term rentals are allowed—making it as attractive for investors as it is for weekenders and full-time residents. Enjoy your private jet ski slip for endless days on the water, then retreat to the oversized garage with plenty of room for boats, kayaks, and more. Step outside to your spacious deck shaded by a majestic live oak, perfect for gathering with friends or soaking in the serene lake views. The primary suite is a private sanctuary—set on its own level with a spa-like shower overlooking Lake Travis and a walkout balcony where you can savor morning coffee or evening sunsets in total peace. Ridge Harbor residents enjoy resort-style amenities including a sparkling pool, boat ramps, and a lakefront park. The community also connects directly to Muleshoe Bend Park, where you’ll find miles of hiking and biking trails, scenic picnic spots, and breathtaking seasonal wildflowers. Set along a quiet stretch of Lake Travis with minimal boat traffic, this home offers tranquility that’s hard to find on the lake. Whether you’re searching for a full-time residence, a weekend retreat, or a strong short-term rental investment, this waterfront Ridge Point condo delivers it all.
Property Type
Residential
Year Built
1985
Lot Size
0.03 acres
$/Sq Ft
$351
HOA
$1463.87/mo
Listed by Christie's Int'l Real Estate
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
508 Harbor Dr Unit #5 is listed at $489,500 with 3 bedrooms, 2 full bathrooms, 1,396 square feet, 0.03-acre lot.
508 Harbor Dr Unit #5 is zoned for Marble Falls ISD with assigned schools: Spicewood (Marble Falls ISD) (elementary), Marble Falls (middle), Marble Falls (high). School assignments should be verified directly with the district.
508 Harbor Dr Unit #5 is a Residential built in 1985 featuring 3 bedrooms, 2 full bathrooms, 1,396 square feet, 0.03-acre lot.
508 Harbor Dr Unit #5 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 508 Harbor Dr Unit #5 is $6,142. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($98K)
$489,500
Luxury property intelligence
A sourced read on Harbor Point pricing, timing, and property scale. No automated valuation claim.
List price
$489,500
Price per sqft
$351/sqft
Vs. Harbor Point median
Not available
Days on market
24 days
Original to current
No verified reduction
$489K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($97,900) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 508 Harbor Dr Unit #5 is around $3,052 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $489,500, 508 Harbor Dr Unit #5 is in the Harbor Point market where there are currently 244 active listings in 78669. The Keenan Group has completed 9 transactions in 78669 as part of 1,000+ career sales totaling $1B+ across Austin.
508 Harbor Dr Unit #5 was built in 1985 (41 years ago). Buyers should budget for potential updates to major systems.
508 Harbor Dr Unit #5 includes verified waterfront access. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
508 Harbor Dr Unit #5 is part of a managed community with HOA dues of $1,464 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
4 events on record
Current Price
$489,500
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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